Building a Business Plan

Building a business plan

Every business starting out needs to begin with a Business Plan. It is the foundation upon which your business will be built. A business plan gives your idea for a great product or service the concrete details that will help you get started and help you find financing for your business if you need it. It will then become a roadmap guiding you as you launch and grow your business.

A business plan helps examine the feasibility of your idea, assess your financial situation and assess your readiness for taking on the financial risk of a new business. A business plan will also help communicate the vision you have of this business to your management team, suppliers, customers and other stakeholders.

Developing a business plan is hard work. The New Hampshire Small Business Development Center offers e-courses to help you begin to develop your plan. You may also want to review our Tips for Writing a Business Plan for more ideas and resources.

After working on your business plan, you may wish to meet with one of our NH SBDC business advisors.